Vermonter
Elite Member
- Joined
- Mar 21, 2007
- Professional Status
- Certified Residential Appraiser
- State
- Vermont
Agreed.
What concerns me is that appraisers will become so afraid of using biased words that they will omit important information that we are supposed to be considering. For instance, an appraiser will just state that "there is a gas station adjacent to the subject property".....and move on. No comment on a potential negative affect on market value and/or marketability because "'negative' is biased".
We're already there.
Reporting of factual data that directly impacts market value (market biases) have been avoided to not be misconstrued as appraiser bias for quite some time now. It's only going to get worse